Economist

Hi,
To become an Economist you need to specialise in Economics. Economists study and analyze the relationship between supply and demand of goods and services and how they are produced, distributed and consumed. They provide information to management that affects decisions on marketing and pricing of products, economic forecasts, and the effect of government policies on business. Economists also help in solving problems like unfair wages, rapid population growth, people migration to city centers, high crime incidence, and loss of human resources due to overseas migration.
Post class 10, take up Economics and Mathematics as your core subjects, further on do a bachelors in Economics from a very good institute followed by a Postgraduate and a doctrate degree in Economics or related field.
Hope this helps. All the best.

Hi Yukti,
In order to become an economist I would recommend you to pursue your post graduation in the field of Economics to have more options later.
An MBA in Economics, M.A. Economics, Masters in Business Econnomics, M.Sc Economics with Econometrics or Masters in Applied Economics could be your choices.
By obtaining an advanced degree in economics, you gain more flexibility as to where you can gain employment and you have the chance to obtain a higher salary in the field.
A post graduation in Economics can offer many entry-level jobs in banking, finance, insurance, stock markets, sales and marketing as well as corporations like consulting firms or government departments. You can also begin your career with government enterprises, public undertakings, investment firms, business journals and newspapers.
The Indian Economics Services and Reserve Bank of India are also excellent options open to those who want to join government services. If you have keen interest in higher studies and research you can opt for M.Phil. and Ph.D. and thereby aspire to take higher position in public and private sector.
You may choose to enter non-profit institutions like NGOs. Economic consulting is another option available for you. However, the foremost growth potential for economists lies in the private sector and most notably in scientific research and consulting firms.
A few good Universities for Economics studies are:
Delhi School of Economics
Jawaharlal Nehru University
Symbiosis Center for Management, Pune
Mumbai University
Calcutta University
You may check with the universities in person for more details. Hope this helps. If you need further help or guidance, you could revert. All the best.

Hello @chayan22551,
Greetings!
Let me answer your query in one line:- "YES, you are eligible to enrol for the CFP certification program!"
The basic eligibility for a person to enrol for the CFP certification program is the XII std! And since you've already graduated, you are more than eligible to enrol for the CFP certification program. Here's the link, that affirms your eligibility to enrol for the program:- http://www.fpsbindia.org/Scripts/PathwaytoCFPCertification.aspx
Being a CFP myself, I strongly feel that, CFP would be an idle career option for you because:-
1) You have mentioned, in your query that, you have a "Sales experience" of 7 months - Sales is a part and parcel of a Financial Planners job & a CFP certification will help you, not only, sell better, but also, win over the trust of your clients.
2) You intend to make a career in the "Banking & Finance" sector - 50 of the top most companies, in the field of Financial Services, have partnered with FPSB India to offer career opportunities to those pursuing the CFP certification program (Here's the link, that guides you about career opportunities available for a CFP:- http://www.fpsbindia.org/Scripts/CharterMembers.aspx)
Now, depending on your area of residence, you got to choose your education provider (coaching class) wisely. A strong support from a guide/mentor is required to help you achieve your dream of becoming a qualified Financial Planner. (Here's a link that can help you make an informed decision of which education provider to choose, depending on you area of residence:- http://www.fpsbindia.org/Scripts/EPList.aspx)
Personally, I'd recommend you to get in touch with the following Education Providers & choose which one suits you best:-
1) Financial Planning Academy (FPA) (www.FPA.edu.in)
2) Ambition Learning Solutions (www.ambitionlearning.com)
3) ICICIDirect Centre for Financial Learning (ICFL) (learning.icicidirect.com)
4) Indian Institute of Financial Planning (IIFP) (www.iifp.in)
I hope I was able to address your query.
All the Best,
Ninad Mondkar

Hi,
This dynamic, challenging and rewarding profession is awarded by Financial Planning Standards Board of India.
The program's innovative course content help you apply your knowledge and skills to problems professionals face in today's market.
For more information log on to http://fpsbindia.org/
The opportunities are plentiful and growing fast across the globe. Companies such as JP Morgan, Deutsche Bank, Fidelity, Citi Bank, Franklin Templeton, HDFC Bank, Kotak, American Express, Reliance, HSBC Bank and ING are a few among the various market leaders that actively recruit CFPs.
Salary Packages-
Certified Financial Planner Rs 154,444 - Rs 893,964
Financial Planner Rs 176,169 - Rs 817,029
Business Analyst, Finance/Banking Rs 120,805 - Rs 993,293
Senior Financial Analyst Rs 390,668 - Rs 599,153
Financial Advisor Rs 297,476 - Rs 707,497
For more acknowledgement on the same refer the links-
https://www.shiksha.com/be-a-certified-financial-planner-with-cfp-certification-article-3162-1
https://www.shiksha.com/getArticleDetail/180/Financial-Planners-Nature-Of-Work-Employment-Avenues-Earnings
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